RIL Q2 FY27 results: Reliance Industries posts 22% fall in profit on one-time Asian Paints caveat from last year; revenue rises 25% yoy

Reliance Industries reported a 22% fall in consolidated net profit to Rs 20,946 crore for Q1 FY27 due to an exceptional gain from Asian Paints stake sale last year.

Revenue from operations rose 25% year-on-year to Rs 3.11 lakh crore, while EBITDA increased 10% to Rs 54,067 crore.

Depreciation expense climbed 9% to Rs 15,100 crore, mainly from higher depreciation in Digital Services following 5G asset capitalisation.

Finance costs rose 18% to Rs 8,337 crore, reflecting higher liability balances and 5G asset capitalisation.

Capital expenditure for the quarter stood at Rs 38,682 crore, with progress in O2C and New Energy projects.